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RE: Is The Rise of Cryptocurrency Foretelling of An Upcoming Global Financial Meltdown? By Gregory Mannarino

in #bitcoin8 years ago

"Gold is money, everything else is credit." - J.P. Morgan. Acquire physical gold and silver, move more assets into crypto currency, limit your exposure to fiat currency.

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Wise words.
🤝

We all know Federal Reserve Notes represent Debt... Spend a few moments considering Common Pocket Change... When the Debt Notes fail, we'll still need a Medium of Exchange until the New Debt and Interest Free Dollars are Printed...

If you can manage it, let that pocket change be pre '65 silver quarters and dimes and you're covering two bases.

I agree that Silver Coins are better, but will be too valuable to be used as a Medium of Exchange... Silver can be turned into Pocket Change...